1405 Lathrop Ave Racine, WI $ 199,900
1405 Lathrop Ave
$ 199,900
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1405 Lathrop Ave

Racine, WI, 53405
$ 199,900
Baths0.0 Sq 1,836

Monthly Estimate*

$ 1,396

1405 Lathrop Ave, Racine, WI 53405 - Image 1
1405 Lathrop Ave, Racine, WI 53405 - Image 2
Studio

Commercial Property for sale in Racine, WI

for $199,900. This 1,836 square foot building was built in 1920 on a lot size of 0.11.

Rock Solid commercial building located on the corner of Lathrop Ave and Wright Ave. This is perfect for two retail stores, mixed use, with residential on the 2nd floor. Front of building occupied by a candy store and emporium. The rear of the first floor is a barbershop/hair salon, the third unit is a spacious 1 bedroom with open concept and off street parking. This building has been meticulously maintained inside and out. Ample parking for six vehicles. Now is the time to have your live/work property or for you to stop renting and start living like a business owner. Own and lease back to your business. You will collect rent from two units while you enjoy the benefits.

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Commercial Contingent

Price

$ 199,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,009

Style

Grocery,Salon/Barber Shop

Lot Size

0.11

Year Built

1920

Town/City

Racine

County/Region

Racine

MLS | Web ID

1874214

Features
General
Road Frontage Paved Lot Paved Road Town/City Road
Parking 6.00
Zoning Commercial
Year Built 1920
County Racine
Miscellaneous Handicap Access
Property Type G
Location Corner
Municipality City
Tax Year 2023
Contingent With Offer
Directions SE Corner of Lathrop and Wright Avenue two blocks South of Washington AV (HWY) 20
City Racine
Taxes 3009.00
Street Name Lathrop
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Interior
Basement Full
Heating/Cooling Central Air Natural Gas
Stories 2
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Exterior
Exterior Wood
Roofing Composition
Flood Plan No
Lot Size 40 x 120
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* Excluded Features
List By
Synerg Realty Llc

Broker

carol@signatureteamrealtors.com

Email

Affordability Calculator

$1,647
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,396
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$199,900 Listed Price

Map


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1405 Lathrop Ave, Racine, WI, 53405 is a Commercial Property for sale at $199,900 with 1,836 sqft and a lot size of 0.11. 1405 Lathrop Ave is a studio with 0.0 baths and was built in 1920. The property's zip code is 53405 which is in Racine, WI